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Personal income taxes: deductions: tips: overtime compensation.

Committee hearing: it can still change before the session ends.

CA AB 1550 · Assembly Bill · 2025–2026

Stage
Committee hearing
Started in
Assembly
Sponsor
1
Latest action
Apr 27, 2026

What it does

The Personal Income Tax Law, in modified conformity with federal income tax laws, allows various deductions in calculating taxable income and allows a taxpayer to elect to take a standard deduction in lieu of itemizing deductions. Existing federal income tax law, for taxable years beginning before January 1, 2029, allows deductions in determining taxable income, as defined, for amounts equal to the qualified tips, as defined, and qualified overtime compensation, as defined, received by a taxpayer during the taxable year, not to exceed certain amounts, as specified.

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    Committee hearing · Apr 27, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Personal income taxes: deductions: tips: overtime compensation. | 52